Estate Living Digital Publication Issue 11 November 2015 | Page 43

Private Client Holdings

43

PEZULA GOLF ESTATE

Whilst sipping an iced cool drink on the veranda of your holiday home this summer, it might
be worth considering who will inherit that beautiful view one day.
When it comes to leaving fixed property to someone
in your will, unless you have had professional
assistance in the drafting of it, you might be creating
unnecessary complications for those whom you
intend to inherit. As David Knott of Private Client
Trust, the fiduciary services division of Private Client

Holdings and a member of the Fiduciary Institute
of South Africa warns, one should firstly consider
how you are married, as this influences your
capacity to distribute assets after death. “If you are
married in community of property, you only own
one half of all assets registered both in your name